$1,200,000 USD
Land for Sale, 1841 Mayo St, Hollywood, Florida 33020
- MLS#A12004393
1,521 m² (16,377 ft²)
Listed By Worth International Realty, Inc
The Land for Sale located at 1841 Mayo St, Hollywood, Florida 33020 is currently for sale. 1841 Mayo St, Hollywood, Florida 33020 is listed for $1,200,000.
Property features
Property
- Location: Subdivision
Lot/Land
- Land/Lot size:
1,521 m² (16,377 ft²) - Lot description: Fenced
Utilities
- Other utilities: Public Sewer
Description
DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16,377 sq. ft. This is a prime income-generating opportunity to build a luxury apartment complex in the rapidly growing Hollywood market. Zoned for high-intensity, multi-family use, the property allows for up to 32 units with a mix of 4 studios, 14 one-bedrooms, and 14 two-bedrooms. With rental demand currently high in the area, the possibilities for development are endless. Both properties are currently tenant-occupied on month-to-month leases, providing flexibility for future plans.
Location
1841 Mayo St, Hollywood, Florida 33020